Draper Asset Management, LLC logo

Draper Asset Management, LLC

Updated today

Client assets under management

$193,372,789

Clients

522

11% high-net worth

Advisors

6

of 9 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

87

High

Average account size

$370,446

About

Draper Asset Management provides discretionary investment management to individuals, high‑net‑worth clients, trusts, estates, businesses and charitable organizations. The firm reports managing about $230.96 million in client assets and constructs portfolios using individual stocks, bonds, options contracts and REITs.

The firm’s investment process is grounded in fundamental analysis and is generally long‑term focused, while allowing tactical rebalancing or shorter‑term trades when client objectives or market conditions warrant. Portfolios are tailored to each client’s goals, risk tolerance and liquidity needs, and the advisor may hold varying levels of cash — sometimes for extended periods — or use options and sector weightings as part of portfolio management.

What is notable relative to many peers is that Draper Asset Management centers its offering on investment management rather than standalone financial planning, and its most recent brochure clarifies that it does not charge performance‑based fees. The firm also operates through an institutional custody relationship (Schwab) that provides technology and support to the advisor, and it maintains written policies governing personal trading by supervised persons with compliance review.

Client services

Portfolio management

Expertise

Concentrated stock management Options & derivatives strategies Real estate investing

Fee options

Percentage

1.25% annually

Main office location

Draper Asset Management, LLC

116 Terry Road, Floor 1

Smithtown NY 11787, United States

Number of offices

1

Most active in

Florida · New Hampshire · New Jersey · New York · North Carolina · Pennsylvania · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Nicholas L

Series 65

Smithtown, NY

Draper Asset Management, LLC

Nicholas Lucas is a financial advisor at Draper Asset Management, LLC with one year of industry experience. He holds a Series 65 designation and has prior work history including roles at the Maurice A. Deane School of Law at Hofstra University and a brief position at Salt Shack. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach and serves public-sector employees through its Union Partners program.

Concentrated stock management Options & derivatives strategies Real estate investing
user avatar

Robert D

Series 63, Series 65

Smithtown, NY

Draper Asset Management, LLC

Robert Draper is a financial advisor at Draper Asset Management, LLC with 11 years of industry experience. He holds Series 63 and Series 65 designations and has been with Draper Asset Management since 2009. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and free cash flow projections, serving both private clients and public-sector employees through its Union Partners division.

Concentrated stock management Options & derivatives strategies Real estate investing
user avatar

Vinson G

Series 65

Smithtown, NY

Draper Asset Management, LLC

Vinson Guigliano is a financial advisor at Draper Asset Management, LLC with one year of industry experience. He holds a Series 65 designation and previously worked in education before joining Draper Asset Management. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and serves a significant public-sector clientele through its Union Partners division.

Concentrated stock management Options & derivatives strategies Real estate investing
user avatar

Joseph C

Series 65

Smithtown, NY

Draper Asset Management, LLC

Joseph Cracchiola is a financial advisor at Draper Asset Management, LLC with one year of industry experience. He holds a Series 65 designation and previously worked at J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. from 2015 to 2021. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, as well as various entities. The firm emphasizes a bottom-up, fundamental investment approach and serves public-sector employees through its Union Partners division, managing roughly $195 million in client assets.

Concentrated stock management Options & derivatives strategies Real estate investing
user avatar

Michael P

Series 65

Smithtown, NY

Draper Asset Management, LLC

Michael Principe is a financial advisor at Draper Asset Management, LLC and holds a Series 65 designation. He began his advisory career at Draper Asset Management in 2024 after working at Long Island University and briefly at Yogurt Time. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and serves a notable public-sector client base through its Union Partners division.

Concentrated stock management Options & derivatives strategies Real estate investing
user avatar

Justin G

Series 65

Smithtown, NY

Draper Asset Management, LLC

Justin Galluzzo is a financial advisor with Draper Asset Management, LLC, holding a Series 65 designation and beginning his industry career in 2024. Prior to joining Draper Asset Management, he spent six years in education and four years at SUNY Cortland. Draper Asset Management provides discretionary investment management and financial consulting services to individuals, including high-net-worth clients, and various entities. The firm emphasizes a bottom-up, fundamental investment approach focused on intrinsic valuation and serves a notable public-sector client base through its Union Partners affiliate.

Concentrated stock management Options & derivatives strategies Real estate investing
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